8 Common Frugal Tips That Are Actually Expensive

Some frugality is more expensive to start or maintain despite the concept of being frugal. After someone recently asked, “What frugal tips are more costly than cost-efficient?”

8 Common Frugal Tips That Are Actually Expensive

Buying Warranties

“I had a relative that would buy the warranty on everything. If the cashier asked, she said YES! In the long run, she could have bought or fixed whatever it was if she stuck the money in a savings account and made money,”

DIY Home Repairs

Do-it-yourself home repairs, if you’re not used to them, then it’s going to take twice as long and cost twice as much as just having a professional do it

Cheap New Cars

Cheap new cars. The build quality on these cars sucks. You’re going to have guaranteed problems, which adds to your sunk cost

Buying High-Quality Items

A standard piece of frugality advice is always to buy the highest quality items you can find, and you’ll make up the cost by not replacing them. That’s good advice for something you plan to use frequently

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